Rhumbix - About the company
Rhumbix is a series B company based in San Francisco (United States), founded in 2014 by Drew Dewalt and Zachary Scheel. It operates as an AI-powered SaaS-driven timekeeping and safety management software for construction professionals. Rhumbix has raised $53M in funding from investors like Blackhorn Ventures, Tenfore Holdings and Greylock. The company has 620 active competitors, including 21 funded and 15 that have exited. Its top competitors include companies like Replicon, Laurel and Toggl.
Company Details
AI-powered SaaS-driven timekeeping and safety management software for construction professionals. Features include time tracking, material tracking, timekeeping, payroll tracking, production tracking, reporting tools, workflow and CRM management, document and HR system management, accounting management, analytics, and more.
- Website
- www.rhumbix.com/
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series B
Total Funding
$53M in 7 rounds
Latest Funding Round
Investors
Ranked
3rd among 620 active competitors
Employee Count
35 as on Feb 28, 2026
Legal entities associated with Rhumbix
Rhumbix is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RHUMBIX INC. CIN: 465052687 , United States, Active | Dec 31, 2013 | - | 15 (As on Dec 31, 2023) | - |
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Rhumbix's funding and investors
Rhumbix has raised a total funding of $53M over 7 rounds. Its first funding round was on Sep 03, 2015. Its latest funding round was a Series B round on Oct 11, 2022 for $*****. 1 investor participated in its latest round. Rhumbix has 17 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Rhumbix:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2022 | 6311150 | Series B | 5733119 | 7996860 | 5142238 | 8290397 |
May 13, 2021 | 8734499 | Series B | 2357722 | 4373069 | 2981758 | |
Jun 20, 2019 | 2730067 | Series B | 2317182 | 4742789 |
View details of Rhumbix's funding rounds and investors
Rhumbix's founders and board of directors
Founder? Claim ProfileHere are the details of Rhumbix's key team members:
- Drew Dewalt: Co-Founder & COO of Rhumbix. They serve on the board of 1 company.Contact Info: 1 email address
- Zachary Scheel: Co-Founder & CEO of Rhumbix. They serve on the board of 1 company.
Rhumbix's Board of Directors
Rhumbix's board has 9 active members. Bill Smith, Trevor Zimmerman, Scott Lynn, Daniel Levine, Drew Dewalt, Zachary Scheel, Lyon Wong, Jerry Chen and Chuck Holloway are independent board members.Here is the list of Rhumbix's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 9m | |
tngaehc | Independent board member | - | Current | 6y 4m |
eudlemm | Independent board member | - | Current | 5y 3m |
gcuxasm | Independent board member | - | Current | 6y 5m |
uvlwuhq | Independent board member | - | Current | 5y 7m |
whoalhi | Independent board member | - | Current | 8y 9m |
aolxkzd | Independent board member | - | Current | 3y 8m |
biq{wvy | Independent board member | - | Current | 8y 6m |
rxjffwa | Independent board member | - | Current | 9y 7m |
View details of Rhumbix's Founder profiles and Board Members
Rhumbix's employee count trend
Rhumbix has 35 employees as of Feb 26. Here is Rhumbix's employee count trend over the years:
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Rhumbix's Competitors and alternates
Top competitors of Rhumbix include Replicon, Laurel and Toggl. Here is the list of Top 10 competitors of Rhumbix, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SaaS-based expense management and time tracking | $20M | 65/100 | ||
2nd | Laurel 2016, San Francisco (United States), Series C | Cloud based employee time tracking software for the legal sector | $153M | 63/100 | |
3rd | Rhumbix 2014, San Francisco (United States), Series B | AI-powered SaaS-driven timekeeping and safety management software for construction professionals | $53M | 66/100 | |
4th | Developer of time tracking software for team productivity and profitability | - | - | 59/100 | |
5th | Jibble 2016, Guildford (United Kingdom), Seed | Cloud-based time tracking and attendance tool | $7.08M | 59/100 | |
6th | Hubstaff 2013, Fishers (United States), Late Stage | Cloud-based platform for time tracking | - | 56/100 | |
7th | Time Doctor 2010, Las Vegas (United States), Unfunded | Cloud-based platform for time tracking | - | - | 56/100 |
8th | TSheets 2006, Eagle (United States), Acquired | Cloud-based time-tracking software for businesses | $15M | 54/100 | |
9th | Project Time Tracking and Management Platform | - | 53/100 | ||
10th | Busybusy 2010, Saint George (United States), Acquired | web-based time tracking application for SMB construction contractors | $8.5M | 52/100 |
Looking for more details on Rhumbix's competitors? Click here to see the top ones
Rhumbix's Investments and acquisitions
Rhumbix has made no investments or acquisitions yet.
News related to Rhumbix
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Haskell’s Dysruptek Makes Strategic Funding in RhumbixInvestidollar•Oct 11, 2022•Haskell, Dysruptek, Rhumbix
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Rhumbix Raises $11M in FundingFinSMEs•Sep 22, 2021•Rhumbix, Blackhorn Ventures, Greylock, Glynn Capital and 2 others
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Rhumbix and CMiC Partnership: Greater Efficiency Through Real-Time DataRhumbix•Aug 08, 2019•Rhumbix, CMiC
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